7546 24th Avenue NW, Seattle, WA 98117

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Listing Broker: COMPASS; Michael Green; 917-873-3497; iam@seattlegreenandco.com

List Price
$1,150,000
Status
ACTIVE
MLS#
2580142
Price Change
▲ $151,000 1792191803
Style
52 - Duplex
Finished SqFt
1,880
Area Total SqFt
1880
Annual Tax Ammount
923.85
Lot Size (sq ft)
4,115
Sewer
Sewer Connected

Property Description

**Make homeownership work harder in this classic brick duplex, just a few blocks from Loyal Heights Park.** Each side-by-side residence offers 2 bedrooms, 1 bath, its own garage, private backyard space, and a flexible lower level for a media room, workout area, home office, or additional sleeping space. Live in one home and rent the other to help offset your mortgage, or use the second residence for extended family, guests, or work-from-home space. With LR3 zoning, the property may also offer future multifamily redevelopment potential, subject to buyer verification. Enjoy nearby Loyal Heights favorites including Larsen’s Bakery, Beast & Cleaver, The Fish Store, and The Mailbox. A rare opportunity to own a home with room for rental income and flexibility for the years ahead.

Additional Information

Community
Loyal Heights
Net Operating Income
$45,398
Gross Adjusted Income
$61,200
Gross Scheduled Income
$61,200
Total Monthly Income
$5,100
Insurance Expenses
$127
Water/Sewer/Garbage Expenses
$265
Gross Rent Multiplier
18.79
Total Expenses
$1,316
Cap Rate
3.95
Total Number of Units
2
Unit Name
7546
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1954
View
Territorial
Roof
Composition
Site Features
Fenced-Fully
Energy Source
Electric
School District
Seattle
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,100
Gross Scheduled Income
$61,200
Gross Adjusted Income
$61,200
Tax Year
2025
Insurance Expense
$127
W/S/G Expenses
$265
Total Expenses
$1,316
Net Operating Income
$45,398
Gross Rent Multiplier
18.79
Cap Rate
3.95
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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